VENICE — Similar to last year, the reduction in debt service for the Legacy Trail bonds will result in a decreased tax rate for property owners in Sarasota County this year.
These bonds were issued following the approval of a referendum by county voters in 2018, which allowed for the purchase of the remaining section of the Legacy Trail extending into downtown Sarasota and North Port.
Commissioners unanimously approved the not-to-exceed rate for the Truth in Millage statement, which will be sent to property owners in August. The TRIM notice provides property owners with an estimate of their 2024 property taxes.